I-MAB-SPONSORED ADR (IMAB) Stock Technical Analysis
NASDAQ:IMAB - Nasdaq - US44975P1030 - ADR - Currency: USD
Taking everything into account, IMAB scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IMAB is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
IMAB is part of the Biotechnology industry. There are 559 other stocks in this industry. IMAB outperforms 97% of them.
IMAB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IMAB is performing more or less in line with the market.
In the last month IMAB has a been trading in the 0.86 - 3.08 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that IMAB is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Although IMAB has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.47
2.53
We found 1 important resistance area.
- Resistance @2.50 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IMAB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMAB is up. |
| ChartMill Relative Strength | 98.05 | POSITIVE | IMAB has a high relative strength, it outperformed 98.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.5 | OVERBOUGHT | The high RSI value suggests IMAB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests IMAB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.65 | NEUTRAL | The Stochastics value for IMAB is a neutral value. |
| Average True Range in percent/ATR (20) | 11.06 | HIGH VOLATILITY | The high ATR as a percentage value for IMAB suggests high volalility. |
| Average Directional Index/ADX (14) | 66.33 | POSITIVE | The high ADX value value for IMAB suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.49
-0.09 (-3.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.49%
1 Week1.63%
2 Weeks90.08%
1 Month181.36%
3 Month196.43%
6 Month149%
12 Month35.33%
2 Year-16.72%
3 Year-77.96%
5 Year-91.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%11.06%
ATR Inc-35.52%
Range Today0.13
ADR(20)0.26
ADR(20)%10.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.05
Mansfield10.96
10 Day High3.08
10 Day Low1.2
20 Day High3.08
20 Day Low0.86
52 Week High3.08
52 Week Low0.6
CS1 EndN/A
CR1 Start2.5
Volume & EV
DER(3)1.14%
DER(5)-4.09%
Volume390.70K
Volume Incr33.34%
Vol(5)972.10K
Vol(50)500.00K